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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Disallowance made u/s 14A - there is no need to take into ...


Section 14A Disallowance Doesn't Apply to Direct or Indirect Agricultural Expenses Under Income Tax Act.

November 22, 2018

Case Laws     Income Tax     AT

Disallowance made u/s 14A - there is no need to take into account any direct or indirect expenses of the agriculture division and apply the provisions of section 14A of the Act thereon.

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